Greetings, our government cannot come to terms with the love of freedom of cryptocurrencies and is trying in every possible wayto prevent the creation of competitors to our dear ruble.
Additions to the State Duma were posted on the websitethe bill “On Digital Financial Assets” for the second reading (the law is adopted in several stages) and new documents that regulate transactions with cryptocurrency. Russia may ban trading in Bitcoin and Ether, as well as their mining and advertising. The draft law began to be developed back in 2018, and then it passed the first reading without difficulty; in its form, it did not affect new additions in any way. At the same time, the central bank has repeatedly spoken out against cryptocurrencies in Russia. “There are many risks, but the benefits may not be obvious enough,” Elvira Nabiullina said in one of her interviews. Apparently there are many risks, until the Central Bank masters the creation of its own crypto-ruble, then all our money will be safe. Holes in the new additions to the bill raised many questions at once and the main thing is that it completely prohibits the legal sale of major cryptocurrencies in Russia, and the list of permitted operations is poorly developed . Competition for the government is extremely dangerous, especially since such an anonymous structure. After all, it is still not clear who exactly is behind the creation of Bitcoin, for example.
According to various estimates, the approximate market turnovercryptocurrencies is at least $ 15 billion per day, of which at least 10% falls on Russia. The exclusion from the economy of only one sector, mining, means that the country will lose more than $ 2 billion a year. At least the electricity companies are few, but they will feel it.
And I’m not the only one to think so, for example, experts fromSkolkovo declares that the document contains many vague definitions. An updated version of the bill believes that developers of computer games that have an internal game currency, as well as Internet users who make online purchases with the support of the widespread practice of accepting offer contracts (blockchain), can be held accountable. One of the provisions of the bill establishes a ban on the dissemination of information on the issue and circulation of digital currency. Under this ban, posts with such information in social networks (messengers), publications on Internet sources may fall.
It turns out that any messages about cryptocurrencies canto fall under the new law, it’s unpleasant if you write about Bitcoin, and you’re also subject to the article. We already have experience of real sentences for extremism on social networks, but this is only the second reading, let’s hope that our legislators will come to their senses.
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